Macroeconmics (International) Crossword Puzzle

QUESTIONS LIST:

• exports: goods sent to another country in exchange for money.
• subsidies: money given to industries by the government to attract them or make them more competitive.
• internal trade: trade within a country.
• quotas: limits on the number of imports of certain products.
• financial and capital: the government's accounts that record the movement of money in& out of the country (not for the sale of goods) & the sale of fixed assets.
• protectionism: methods of restricting imports and possibly increasing exports.
• comparative advantage: the relative advantage of producing a certain product to trade even if the country has an absolute disadvantage in it.
• international trade: trade between two or more countries
• fixed exchange rate: when the value of a currency is pegged to (fixed to) another major currency such as the us dollar.
• exchange rate: the value of one currency in relation to another currency.
• tariffs: taxes placed on imports.
• imports: goods brought into the country in exchange for money.
• absolute advantage: when a country can make more than another country of a certain product with the same amount of labour.
• current account: the account that records the visible & invisible trades of a country as well as government aid payments.
• embargo: a ban on the import of a product/products from a certain country.
• balance of payments: the sum of the current, financial & capital accounts, which account for all trade & financial transactions for a country.